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On November 5, XPENG unveiled at its Tech Day event that it is set to introduce three distinct Robotaxi models by 2026, with trial operations slated to commence in Guangzhou and select other cities. These cutting-edge models will be outfitted with four Turing AI chips, delivering an impressive 3000TOPS of computing power. Tailored specifically for L4 autonomous driving capabilities, they will operate independently of high-precision maps. In a related development, XPENG also disclosed that Gaode has emerged as its inaugural global ecological partner for the Robotaxi initiative. Beyond this, XPENG has outlined ambitious plans to embark on the mass production of humanoid robots and flying cars. On November 6, Citigroup reiterated its "buy" recommendation for XPENG, setting a target price of $29.40.
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